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CNET News.com: Red Hat IPO to cap busy Linux trade show

Aug 06, 1999, 21:17 (0 Talkback[s])
(Other stories by Stephen Shankland)

"The marketing frenzy caused by the computer industry's adoption of the Linux operating system shows no signs of abating, and one of the biggest noises at a Linux conference next week will come from Red Hat's IPO."

"Red Hat, the leading seller of the Linux operating system, is scheduled to go public in the middle of the LinuxWorld Conference and Expo in San Jose, California. Institutional investors are scheduled to buy their shares on Tuesday, with trading by the general public scheduled for Wednesday..."

"The Red Hat IPO is the first of several planned Linux-related IPOs, with others including VA Linux Systems, Caldera Systems, LinuxCare, and Cygnus Solutions. Though these companies are at various stages in their plans, ...the attention garnered by Red Hat's IPO has accelerated those efforts."

"...many other companies will use next week's show as a launch pad for updated Linux plans... [summarized in the story]"

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